948 Anderson ST Active

Bristol,TN 37620

$ 375000

- Bed

0 Bath

1696 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,696 sqft

Price per Sqft $221

Subdivision Not In Subdivision

MLS Listing ID 9966480

HOA Y/N No

Total Fin. Sqft 1696

Originating Board Tennessee/Virginia Regional MLS

Year Built 1910

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 55 x 193 IRR

Property Description

Charming 3-Unit Multi-Family Residence in Prime Bristol Location! Perfect for Living, Renting, or Investment! Conveniently located near Downtown Bristol with easy access to The Pinnacle Bristol, the local Hospital, Bristol Motor Speedway, King University, and Steele Creek Park. Property Overview:
Total Bedrooms: 5
Total Bathrooms: 3 full bathrooms
Laundry: Common area laundry facilities
Utilities: Natural gas available, each unit separately metered.
Unit Details:
Unit 1: 2 bedrooms, 1 bathroom, kitchen, and dining area.
Unit 2: 1 bedroom, 1 bathroom, kitchen, and living space.
Unit 3: 2 bedrooms, 1 bathroom, kitchen, and living space.
Key Features:
New Roof & Eaves: Recently installed for worry-free living.
New Hot Water Heater: Ensures reliable hot water supply.
Newer Flooring: Mixture of hardwood and other materials, adding character and charm.
Current Leasing Status: All units are fully leased, providing immediate rental income.
Versatile Usage Options:
Primary Residence: Live in one unit and rent the others for additional income.
Investment Property: Ideal for long-term rentals, AirBNB, or VRBO.
Flexible Scenarios: Numerous possibilities to fit your lifestyle and financial goals. This property is an excellent opportunity for investors or homeowners looking to capitalize on rental income in a desirable location. With all units currently leased, you can start earning income immediately. Whether you want to expand your rental portfolio, live in one unit while renting the others, or explore short-term rental opportunities, this multi-family residence offers endless possibilities.
Don't miss out on this incredible investment opportunity! Schedule your showing today to explore all the potential this property holds. All Information is deemed reliable but should be verified by buyer or buyer's agent.

Location

State TN

County Sullivan

Community Not In Subdivision

Area 0.23

Zoning RE

Direction Start North on Volunteer Pkwy. turn left onto Windsor Ave. then right onto 10th street, then a right onto Anderson Street. Arrive at 948 Anderson Street on right.

Interior

Heating Natural Gas,Space Heater

Cooling Ceiling Fan(s),Window Unit(s)

Equipment Range,Refrigerator

Heat Source Natural Gas,Space Heater

Exterior

Roof Type Shingle

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding,Block,Brick

New Construction No

Others

Senior Community No

Tax ID 020d J 024.00

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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